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Understanding the Real Costs of Slavery: It’s Not Cheap labor
Manage episode 442157708 series 2663738
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”
Original article: Understanding the Real Costs of Slavery: It’s Not Cheap labor
1516 episoder
Manage episode 442157708 series 2663738
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”
Original article: Understanding the Real Costs of Slavery: It’s Not Cheap labor
1516 episoder
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